VEDL
Trading opportunity in Vedanta LimitedStock is currently forming a falling wedge and descending triangle pattern and is showing signs of support at 264-265 levels on a 1Hr time frame. If the pattern is broken on the upside till 275 could be seen. Upon breaking, 275 levels of 280 and 287 will be the next target. Upon breakdown, a fall till 253 and 250 can be seen.
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vedl - Expecting a big break. Price slicing down and the pressure is building up for the break, one can expect a good break in this stock in the coming sessions.
Vedanta Intraday setup for MondayVEDL intraday setup for Monday 24 may 2021, trade at your own risk, published for educational purposes only.
VEDL MonthlyIF VEDL closes this monthly candle above 300 level.. watch out for another 50% movement upside quickly. Looks extremely bullish on technical charts.
VEDLVEDL(Weekly) :- Breakout done at 246 Target 500/550++ with Stop Loss 200 Below
1) Multiyear Breakout :)
2) Finally Break HR Zone In 4th Time
VEDL - Target Reached after the breakOnce after breaking the resistance price tested the breakout level and then moves up to the target quick as shown in the analysis.
Now one can expect the price to hover around the resistance levels and once it breaks this levels and sustains then chances are good for 300+.
VEDL to take long entrywe can see the good buying opportunity at the BO level above 196 for the target price of 240 with the SL of 184. RSI is also at strength level above the 60. Wait for the confirmation candle to take the trade. This is for your educational purpose only.
👁👀 #vedl #vedabta keep your eye open NSE:VEDL
buy above current black line sl that below black line and trailing target is above red dash lines.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
VEDL is following a wave cycle:It has made a head and shoulder in the past.
Now what is really important is the next move, support zone is coming near 143 form this level the the traders may be more active to go for long as it 3rd way will start from this level and it can move up-to 284. The volume is rising.
Vedant - Expect retracement till 130 levels before fresh upmoveAs per weekly and monthly charts, Vedanta has strong support at 130 levels, thereafter fresh upmove can take it to 190 levels
